FARMINGTON HILLS, Mich. — defi SOLUTIONS today announced that its loan origination system is now certified for econtracting with RouteOne. Finance sources utilizing defi’s LOS will now benefit from a streamlined econtracting implementation process.
The certification means defi SOLUTIONS has fulfilled the requirements for the base econtracting functionality on the RouteOne system, ensuring that the technical implementation for finance sources that choose econtracting is a fast and easy process, according to RouteOne officials.
“The demand for econtracting is growing from both the dealer and finance source ends of the market,” said RouteOne CEO Justin Oesterle. “RouteOne is committed to eliminate any hurdles our customers could be experiencing and streamline the process for onboarding so they can enjoy the benefits of econtracting. This certification accomplishes that by making it easier for finance sources to implement the technology, which as a result, drives dealer adoption when more and more of their finance sources are available to econtract with.”
RouteOne has booked more than 7.5 million econtracts to date. The technology company has more than 6,000 active econtracting dealers and 35 finance sources that have implemented econtracting.
“Services that give our lenders the ability to do business as they choose is the foundation on which we’ve built our business,” said defi CEO Stephanie Alsbrooks. “defi’s integration with RouteOne’s econtracting will simplify our lender’s processes, increasing their efficiency and giving them the opportunity to save time and achieve more.”
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Originally posted on F&I and Showroom